Depressed newbie here, please be gentle : ) I have a Ltd Company for IT contracting but have been out of work since June 2018 and am about to hit the buffers personally. I looked for help today and was advised to google Spongebob Plan, so here I am. I have read everything I can find on these forums and it feels like SB plan may be perfect for me. I have: No cash in the business account 5.8k Directors Loan Account overdrawn (HMRC know about this as we filed my 2018 accounts a few weeks ago and my accountant obviously included it in the accounts. No creditors except HMRC CT of £6k is due tomorrow (1/10/2019) £375 owed in VAT Assets are limted to my Laptop, a monitor and some IT peripherals (likely total circa £1500-2000) Company is effectively 'dormant' although my accountant has dragged their feet and still haven't produced my dormancy accounts. I haven't invoiced anyone since June 2018 so I effectively stopped trading then. I don't have any money personally and I am just about surviving on some rental income from a buy-to-let flat I bought a few years ago when the going was good. I am selling my main residence to pay off personal debt, downsize into the BTL flat and get all the monkeys off my back. Neither my company or I can afford to pay the CT. Any advice would be very gratefully received. Many thanks.